Lawrence Dallaglio to Auction World Cup Winner's Medal Amid Bankruptcy
Lawrence Dallaglio, England's 2003 World Cup winner, is auctioning his winner's medal and other rugby memorabilia after being declared bankrupt.
Lawrence Dallaglio to Auction World Cup Winner's Medal Amid Bankruptcy Lawrence Dallaglio, England's 2003 World Cup winner, is auctioning his winner's medal and other rugby memorabilia after being declared bankrupt. Lawrence Dallaglio, the England rugby legend who won the 2003 World Cup, is auctioning his winner's medal as he deals with ongoing financial troubles. The 54-year-old was declared bankrupt last year after a bitter divorce from his wife of almost 20 years, Alice, and excessive spending. The sale of his medal, estimated at £50,000 to £80,000, is part of a wider auction of his career memorabilia. Bankruptcy and Financial StrugglesDallaglio was declared insolvent after he and his wife divorced. Their Richmond family home was sold for £2.4million last May, after initially being listed for £3.3million. The day after the sale, he was declared bankrupt and ordered to hand over his share of the proceeds to repay an overdrawn directors loan of more than £366,500. Bankruptcy restrictions typically end after 12 months in England and Wales, but a judge extended them for three months until August 7. Last month, the restrictions were extended again, with reports suggesting continued spending left nothing to pay his debts.Auction of Rugby MemorabiliaNow, Dallaglio has put his World Cup winner's medal up for auction with an estimate of £50,000 to £80,000. He was part of the England side that beat Australia 20-17 in Sydney on November 22, 2003, after Jonny Wilkinson's dramatic extra-time drop goal. The medal was presented to him following that victory. He is also selling his 2007 World Cup runner's up medal, which could fetch £10,000. His 2003 Six Nations winner's medal from England's Grand Slam campaign is valued at £5,000. Dallaglio, who played 85 times for England, is also parting with medals from his club career with London Wasps. He won two European Cups and three league titles captaining the club, all being sold with individual estimates of £8,000. His British and Irish Lions cap is priced at £5,500 and his England cap could achieve £5,000. The overall collection, including his player of the year awards, is expected to raise £180,000 at auctioneers Budds, of Wellingborough, Northants. Budds said the World Cup winner's medal was the pinnacle of world rugby and the singular greatest achievement in English rugby history.Career and Post-Rugby LifeDallaglio made his England debut in 1995 and retired from international rugby after the 2007 World Cup. He played one more season of club rugby, leading Wasps to the 2007/08 Premiership title, before retiring. He has since worked as a pundit. The auction takes place on October 13.
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